Setting the Stage for Strategic Compensation and Bases for Pay

When making compensation decisions, whether it is internal or external, comparisons must be considered. However, employers must carefully balance pay structures, because internal and external comparisons may not converge. Therefore, employers may differ in the way they place priorities on internal and/or external comparison data when they are developing pay structures.

The right compensation program will depend on the organization’s business strategy and goals. To achieve these, an organization must recruit and select the best possible employees. To attract such employees, there must be an attractive compensation plan. Competitors will be offering different payment options, this may be based on pay rate or special perks, and a company’s stock options. Organizations must be aggressive yet reasonable to compete with competitors. Retaining and encouraging employees to perform at their best may be achieved through an immediate incentive award

To date we have developed a point system to define full time work and benchmarked with NAIS data for pay in the North-East (outside Manhattan.) We have created a matrix for a three tier pay system based upon experience and qualifications as a result (along with board support) we have been able to increase pay by 3%. Currently we have increased the lowest median beginning pay scale by $1,000 on average. By 2015 we will be able to increase pay by 6.5% as we refine our tiered system for publication. By 2016 our goal is to increase pay by 10%.

In past years the government have done many things to put us where we are like in debt, war, and a low natural element supply. Our government contributes an enormous amount of money to our nation, with government assistance, land and exported products which cause us to go into debt crisis over eighteen billion dollars

The government is truly no help to us. We could handle ourselves perfectly fine the way we are going. But the way the government keep spending when there is no money at all left is crazy. The current debt of America is over $17.9 trillion would this take more than 398 million years of working at the average wage to pay off. Which is insane for anyone to do. This started in the Gilded Age all the way up to now.

Native American names and symbols can be seen in many different facets of North American society from the “Mohawk” Carpet Company, to the women on the “Land-O-Lakes” butter container, and sports teams like the Washington “Redskins” all have an American Indian rendering incorporated in their brands. The history of the NFL (National Football League) dates back to the early 1920s, where the league was started in Canton Ohio. Teams like the Chicago Bears, Green Bay Packers, New York Giants and Washington Redskins are considered charter members, because of their early inception into the professional sports league. The Washington Redskins, located in Washington D.C., are known for their distinctive burgundy and gold colors and Native American head

Poverty in the United States has been on the rise for many years, especially after the 2007 recession. The nation 's poverty rate is currently 15.1% which is the highest since 1993. Ever since the recession, the poverty rate has gone up 2.6% from 2007 through 2009. In 2006, 36 million Americans were living under poverty but that number rapidly rose to 46 million in 2012. The United States continues to provide billions of dollars in foreign aid to other countries even though 46 million Americans are living under poverty. The United States should provide less funding for international foreign policy because it is statistically proven that money spent on foreign aid is not as effective as money spent on programs in the United States.

This paper will examine setting the stage for strategic compensation and bases for pay. There are three main goals of compensation departments: internal consistency, market competitiveness, and recognition of individual contributions. Internally consistent compensation systems define the relative value of each job among all jobs within a company. (Martocchio, pg. 22, 2011) With this system companies want employees to be paid more based on their qualifications and responsibilities. They believe someone with less experience should be paid differently. To determine such evaluation companies use job analysis in order to provide job descriptions. The job evaluation is to determine pay according to a particular position. Market-competitive

The problem we are having seems to be there is no dent in the poverty level of America. The U.S. Census indicates that the government spent $871 billion on assistance in 2010. That is nearly $9,000 for every poor and/or low-income person in America. (Rector and Sheffield) The problem which occurs is what people are expected to pay out is higher than what they are bringing in. Where does the government need to start? President Johnson intended the war on poverty to help Americans become self-sufficient but unfortunately the people who are receiving the help are becoming dependent on the help. The standard of living keeps increasing so the help to reach that goal also

Pay for performance is to link employees’ salary or salary increase to his or her performance. It seems to be a reasonable or attractive idea but it often does not work well in organizations. Please use at least 4 motivation theories or models to explain why pay for performance may not work as expected—particularly in government and nonprofit organizations.

The United States should focus on fixing itself up for example, the public school system. In America it is illegal to deny free public education to children, however the United States hasn’t paid enough moral attention to it’s public schools. Public education in poorer urban and

Mass media can be a powerful tool, but it can also be a hindrance to the public if the facts are not checked. From the invention of the printing press, radio, television, and the internet mass media has revolutionized the way the public gathers information each and every day. Many of the sources we use for gaining knowledge and facts on current events today are controlled by a very small group. This small group controls many of the ideologies that drive our political system in the United States. The major political parties are highly affected by the information that is reported as facts on a daily base. A famous quote by Ronald Reagan comes to mind, “trust, but verify” and this could not be truer today when most of the public depend on mass media for the vast majority of their information.

Although research generally confirms that pay-for-performance plans can influence greater outcomes, it is unclear how effective different pay plans are relative to each other (Park, 2012). Like most things in business, compensation is something that requires evaluation, study, assessment, strategy, modeling and integration.  Achieving a pay for performance culture does not happen without paying attention to the behaviors, activities, rewards and motivations that have to be linked and reinforced through a well engineered and successfully executed process.  Actually if that process does not tie rewards to shareholder financial objectives, employ the proper mix of compensation elements, result in meaningful dollars, embrace performance that employees can impact and are effectively communicated and reinforced, then the results it produces will likely fall short (Vision Link Advisory Group, 2013).

Antichrist is a commander who has battalions of soldiers called the antichrists. The Antichrist is planning a coup to overthrow the salvation of Jesus Christ in the life of the Christians.

1. Sullivan & Cromwell associates are likely to find the pay structure fair. Likely comparisons would be with similar positions at other law firms at similar locations. Sullivan & Cromwell, for example, operates mainly in New York, which means salaries could most reasonably be compared with other law firms at this location. Furthermore, the company is very forthcoming with its pay structure, offering a complete and thorough display of its pay structure for different positions online (Glassdoor, 2012). Some salaries are offered per year, while others are offered on an hourly basis. A 6th-year attorney, for example, is paid on an annual basis, while a paralegal associate would be paid per hour. Salaries are also varied according to the complexity and seniority level of the position.